Investment

Private Equity , Investment , Acquisitions & Divestitures , Joint Ventures

EIV Capital, ARM Energy Launch Upstream Investment Platform

Led by industry and investment veteran Claire Harvey, ARM Resource Partners will focus on acquiring passive oil and gas interests across the Lower 48.

January 19, 2021

Public Capital , Investment , Shale Plays , Technology , Acquisitions & Divestitures

Oil Billionaire Takes Active Stake in Hard-hit ProPetro

Prominent shale investor Dan Wilks on Jan. 19 reported a 7.5% active stake in troubled oilfield services firm ProPetro Holding Corp. through an investment vehicle.

January 19, 2021

Investment , Health, Safety & Environment , Emissions , Technology

Chevron Invests in Carbon Capture Startup Blue Planet Systems

Chevron and San Jose-based Blue Planet also signed a letter of intent to collaborate on potential pilot projects and commercial development in some geographies.

January 15, 2021

Public Capital , Investment , Health, Safety & Environment , Emissions , Renewables

Norway’s Equinor Selected for Largest-ever US Offshore Wind Award

The contract awarded to Equinor to provide generation capacity to New York with renewable power is set to position the Empire State as an offshore wind industry hub.

January 14, 2021

Investment , Markets , Health, Safety & Environment , Emissions , Renewables

Wind Power Overtakes Coal in Texas Electricity Generation

Renewables capacity is surging in Texas, which is largely considered the heartland of fossil fuels in the U.S.

January 12, 2021

Investment , Health, Safety & Environment , Emissions , Renewables

Saudi Crown Prince Launches Plan to Build Zero-carbon City

Saudi Arabia Crown Prince Mohammed bin Salman unveiled plans in a rare televised appearance to build a zero-carbon city to house a million residents in "carbon-positive urban developments powered by 100% clean energy."

January 11, 2021

Public Capital , Investment , Exploration & Production , Shale Plays , Trends

Want Alpha Returns? In the Oil Patch, Beta Always Dominates

The age of the driller is over, industry expert Chuck Yates says, and the oil and gas companies that outperform going forward will be valued on different metrics.

January 11, 2021

Investment , Technology

Halliburton Joins Prairie View A&M University to Create $1 Million Scholarship

Halliburton has established a new $1 million Halliburton Business and Engineering Scholarship Fund at Prairie View A&M University (PVAMU), the company said on Jan. 11.

January 11, 2021

Investment , Exploration & Production , Policy & Regulations , Emissions , Renewables

From Oil and Gas Investor Editor-in-Chief: The ESG Ultimatum

The oil and gas industry urgently adapted and responded to the double black swan events of 2020—the COVID-19-induced global demand destruction and the OPEC+-driven supply glut, but it must also mobilize as fervently to the third black swan of 2020, the ESG directive.

January 8, 2021

Investment , Exploration & Production , Renewables

Total Plans to Add Renewable Energy Investments in 2021, CEO Says

Total is still pursuing oil exploration, but CEO Patrick Pouyanne said the company would focus on cost mainly in areas such as the Middle East and North Africa, Brazil and Suriname.

January 8, 2021